Global Commercial Uav Market Size & Outlook, 2023-2030
Global commercial uav market, 2018-2030 (US$M)
Related Markets
Global commercial uav market highlights
- The global commercial uav market generated a revenue of USD 12,027.7 million in 2023 and is expected to reach USD 41,781.7 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 19.5% by 2030.
- In terms of segment, rotary blade uav accounted for a revenue of USD 8,146.4 million in 2023.
- Hybrid UAV is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 12,027.7 million |
| Market revenue in 2030 | USD 41,781.7 million |
| Growth rate | 19.5% (CAGR from 2023 to 2030) |
| Largest segment | Rotary blade uav |
| Fastest growing segment | Hybrid UAV |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Fixed wing UAV, Rotary blade UAV, Hybrid UAV, Nano UAV |
Other key industry trends
- In terms of revenue, the North America accounted for 29.0% of the global commercial uav market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Brazil is the fastest growing regional market and is projected to reach USD 1,240.3 million by 2030.
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Commercial UAV Market Scope
Commercial UAV Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global commercial uav market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to commercial uav market will help companies and investors design strategic landscapes.
Rotary blade uav was the largest segment with a revenue share of 67.73% in 2023. Horizon Databook has segmented the Global commercial uav market based on fixed wing uav, rotary blade uav, hybrid uav, nano uav covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Commercial UAV Product Outlook (Revenue, USD Million, 2018-2030)
- Fixed wing UAV
- Rotary blade UAV
- Hybrid UAV
- Nano UAV
- Global Commercial UAV Application Outlook (Revenue, USD Million, 2018-2030)
- Agriculture
- Retail
- Energy
- Media & Entertainment
- Construction
- Government
- Others
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Our clientele includes a mix of commercial uav market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global commercial uav market , including forecasts for subscribers. This global databook contains high-level insights into Global commercial uav market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global commercial uav market size, by regions, 2018-2030 (US$M)
Top 10 countries: Commercial uav market size, 2023 (US$M)
Global commercial uav market share, by product, 2023 & 2030 (%, US$M)
Commercial uav market: Opportunity assessment by country
Global commercial uav market, by region, 2023 (US$M)
| Product | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 1,978.4 | 2,145.1 | 1,728.6 | 2,190.7 | 2,793.5 | 3,493.2 | 4,281.4 | 5,150.8 | 6,091.0 | 7,089.0 | 8,130.1 | 9,198.6 | 10,278.3 | 16.7% |
| Europe | 1,701.3 | 1,880.8 | 1,545.3 | 1,996.8 | 2,596.1 | 3,309.9 | 4,136.3 | 5,073.7 | 6,117.3 | 7,259.1 | 8,488.3 | 9,792.0 | 11,155.7 | 19.0% |
| Asia Pacific | 1,593.0 | 1,801.4 | 1,513.9 | 2,001.0 | 2,661.1 | 3,470.5 | 4,436.2 | 5,566.1 | 6,864.6 | 8,332.3 | 9,966.2 | 11,760.0 | 13,704.4 | 21.7% |
| Latin America | 435.6 | 489.9 | 409.5 | 538.3 | 712.0 | 923.4 | 1,174.0 | 1,464.9 | 1,796.8 | 2,169.1 | 2,580.4 | 3,028.2 | 3,509.7 | 21.0% |
| MEA | 341.8 | 400.2 | 345.8 | 466.7 | 630.4 | 830.6 | 1,067.6 | 1,341.2 | 1,649.2 | 1,988.2 | 2,353.1 | 2,737.4 | 3,133.6 | 20.9% |
| Overall | 6,050.3 | 6,717.4 | 5,543.1 | 7,193.4 | 9,393.0 | 12,027.7 | 15,095.5 | 18,596.8 | 22,518.9 | 26,837.7 | 31,518.0 | 36,516.1 | 41,781.7 | 19.5% |
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